1101 MARILYN Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2022 | No longer available | - | |
| No longer available | |||
| May 22, 2022 | Price Decreased |
$5,695,000
↓ $305K
(5.1%) | |
| Price Decreased | |||
| Apr 23, 2022 | Price Decreased |
$5,999,999
↓ $495K
(7.6%) | |
| Price Decreased | |||
| Mar 30, 2022 | Listed by Compass | $6,495,000 | |
| Listed by Compass | |||
| | |||
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This property offers a remarkable opportunity to develop something truly spectacular on a premier lot surrounded by some of the most prestigious properties in LA. Located in prime Beverly Hills, just minutes away from the Beverly Hills Hotel, this property offers the intangibles that every developer or owner user is looking for. The potential return on a new development in this area can be incredible for a family to build their dream home or a developer ready to build their portfolio piece. A property with this potential will not last in this strong market.
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| Apr 30, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Beverly Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,950 /mo
- 3 Beds
- 2 Baths
- 1,552 ft²
$4,850 /mo
- 1 Bed
- 1 Bath
- 911 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017